MoneyCentral, ALTON, ACL 5G Technology Summit to Explore Digital Growth Opportunities

From July 12th to 13th, 2023, Money Central Newspapers in conjunction with Association of Licenced Telecom Operators in Nigeria (ALTON) and African Consolidated Analytical Limited (ACL), a consultancy with a track record of helping clients identify the full range of uncertainties that arise from operating in frontier markets are organising the 5G Technology Summit with the theme: ‘Driving Digital Transformation & Economic Growth in a 5G Era’.
The event is slated to hold at the Victoria Crown Plaza Hotel, Victoria Island, Lagos.

According to a statement, the 2 – day industry event would be a platform for elevated discourse involving industry leaders, policymakers, regulators, mobile phone manufacturers, 5G mobile technology companies, 5G Equipment manufacturers, the entire mobile technology ecosystem and value – chain; financial services companies, educational institutions, trade associations, digital transformation and technology enthusiasts to discuss and unpack cogent issues around 5G Technology, deployment and adoption, coverage, investment opportunities, infrastructure requirements among others.

The summit was structured to include opening speeches, keynote presentations, panel sessions, fireside chats, special presentations and networking sessions.
Similarly, dignitaries and industry leaders expected at the summit include the Permanent Secretary, Ministry of Communications and Digital Economy, the Executive Vice -Chairman, Nigerian Communications Commission, Prof. Umar Garba Danbatta, the Director – General, NITDA, Kashifu Inuwa Abdullahi; Chief Executives of telecommunication companies, among many others.

The keynote speakers and panelists would be drawn from experienced professionals from leading consulting companies, telecoms associations, mobile phone makers, 5G equipment manufacturers, project managers and organised private sector and the academic.
“Each day of the summit promises to meet the expectation of the participants. Day one will explore issues around the central theme and a sub- theme on Driving Adoption & Increased Coverage: Key Challenges & Opportunities as well as a fireside chat on ‘The Pace, Scale & Growth of the Nation’s Telecoms Sector in A 5G Era. ‘
“Expectedly, these sessions will delve into cogent issues as well as point out the key challenges and opportunities in 5G Technology. Currently, less than two per cent of mobile phone connections in Sub – Sahara Africa are on 5G, and some telecom experts believe this number is not likely to increase this year. However, a report by Ericsson says it is likely to reach seven per cent in 2026,” the statement added.

It added: “On the other hand, day 2 which will feature a fireside chat will also seek to speak to the sub- themes as follows the theme: “Exploiting 5G Technology for National Economic Development” and “Who Needs 5G: Impacting Businesses to Impact Communities?

“Nigeria has joined South Africa and Kenya as countries that have formally launched 5G network on the continent. 5G Technology provides greater speed in transmission, lower latency and offers greater capacity of remote execution. Furthermore, it encourages, serves greater number of connected devices and enhances the possibility of implementing virtual networks (network slicing), providing more adjusted connectivity to concrete needs.”

According to CEO, African Consolidated Analytical Limited, Amadi Iheukwumere, one of the organisers, “the Summit aims to help participants understand the infinite possibilities, enabling connectivity for a digital future the 5G technology and networks offer and what it means for people, businesses, schools, universities, hospitals, logistics, hospitality industries and even farmers in Nigeria. What impact it will have on livelihood, living standards, our communities in real terms.”